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© (Thomson Reuters 2022.Japan to pledge around $30 billion in African aid at conference: report
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© (Thomson Reuters 2022.
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PTownsend
It would be great if Japan could show African nations a variety of examples of environmentally friendly businesses currently operating in Japan.
Spitfire
Are you kidding me.
35 years too late.
Back in 1988 Japan's economy was rocking,in fact it was so at least 30 times bigger than China's.
Fast forward to 2022 and the Japanese government is trying to allay China's influence in Africa that they first had the foresight to do back in the 1980s.
Nowadays,China's economy is so much bigger than Japan's.
The sad fact is that the bureaucrats in Japan are cut from the same cloth as the ones from the 1980s therefore their mindset will never change.
Mr Kipling
Wow thats an awful lot of Toyota trucks to be shipped then stolen on arrival.
Don't feed the corruption Japan.
smithinjapan
Meanwhile, back home, we are told there is no money for assistance for Covid, the BOJ's devaluation and currency manipulation having led to extremely high food costs, etc.
Peter14
You mean Chinese loans. China is not in the habit of giving aid. It is loans to be repaid with high interest or small amounts of aid with strings attached.
Knew that was coming, spend in Japan, do not help others. China does not want to see others giving aid when it wont. It makes others look much friendlier than China and they hate when that happens.
A good gesture from Japan and has the useful effect of keeping nations out of Chinese influence which is much better for them.
Yotomaya
In these contexts, "aid" doesn't mean help. Do you think it's a coincidence this announcement came a day after they revealed their plan to invests in "human resources", i.e. easily exploitable labour?
Hermitage Nads
Backwards thinking again, Peter.
Any money donated to Africa will be misappropriated by corrupt politicians and never see its intended purpose.
Peter14
Hermitage NadsToday 06:06 pm JST
I do not believe it is.
A very cynical and negative view. It sounds like you are against aiding African nations.
Japan has other ideas and will do it's best to ensure the money donated is used as effectively as possible.
kennyG
Wao $30billion... One thing missing.. Is it in JPY or in foreign currency from FCCY reserves?
It means a lot more than ordinary people think.
UN is not functioning. Keep a certain distance from it
roninroshi
Why??? Japanese citizens need help! The accountability for that is zero..,China has huge interests in Africa and the African rulers happily take Chinese money and will happily take Japanese money as well where it disappears into the Black Hole called Africa!
shogun36
Japan to pledge around $30 billion in African aid
hmm,
¥250M to Abe’s funeral
$30B to Africa
¥930 yen per hour to minimum wage workers in Japan………
yeah, that doesn’t seem correct.
OKuniyoshi
Basically, it boils down to your purpose.
If, it is really, sincerely to help the African, it will be worthwhile, even if, some end up in someone's pocket.
If, it is because of China, then, whoever made the decision??? No wonder the country has been stagnant for the last 30 years, such decision makers running the country.
The money would have served better purposes domestically.
Leo
They should pay off Japan debt with that money. Japan is in huge amounts of debt.
juminRhee
If countries just got out of Africa and stopped economic dumping, let them put tariffs and such to protect their domestic markets (like the UK, US, Japan, etc did when their countries were much weaker), then African countries could grow. I know the intentions are there, but it's not helping them grow. It's building dependency and corruption.
tora
And the quantitative easing continues unabted with impunity.
Hawkeye
Yeah right. Any country investing in 3rd world countries to the tune of millions and billions of $$ is not doing it for nothing in return. A friend of mine worked in the oil industry in Nigeria and Angola told me 20 years ago that the Chinese were so prevalent in Angola that it was scary. He told me that the Chinese investments in Angola paid off their ruling government officials to look the other way while China harvested almost all of the natural resources there and shipped them back home. The same for the European nations that raped the Americas for centuries for the natural resources. The USA, France, Portugal, Spain and Britain for centuries have colonized Southern Asia (present day India, Pakistan), Middle Eastern countries, Indochina, Indonesia and the Philippines on the banner of raising the bar of enlightenment to those poor countries who had huge natural resources in oil, food, spices, coal etc.
Japan is no different but a few centuries too late to enjoy most of the riches of those areas. Even the Japanese before WWII were advancing on Eastern Asian countries for raw materials until the USA wanted to stop them for their own gains and used the Pearl Harbor attack (the USA knew the Japanese were going to attack somewhere but they were asleep at the wheel) as a reason to get into WWII in Europe and far East.
The investments are for bribes and cooperation to rape those 3rd world world countries and not for any humanitarian reasons. I'm sure the average Japanese citizen could care less about those 3rd world countries.
kurisupisu
Japanese aid is linked to Japanese companies that receive that money back.
Japanese largesse is not as it seems…
noriahojanen
Japan should avoid or minimize engaging "economic war of attrition" with the neocolonialist China over Africa.
The term Africa seems to me a bit too broad to make sense. We wouldn't refer to "Asia" as a singular target of economic assistance. There are about 50 countries in the African continent.
Ken
The mentality here in Japan about the African continent is more than 30 years backwards.
If you want to know,just go and see for yourself.